701, Murjan 4
Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Murjan 4
What is 701 worth today?
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Source: Dubai Land Department. Updated 10 January 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,128 sqft
- Floor
- 7th of 36
- Parking
- G146, 147
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 41,600 /yr
- Last sold
- AED 1.5M · June 2011
- Building
- Murjan 4
About 701, Murjan 4
701 is a three-bedroom apartment of 2,128 sqft on the 7th floor of Murjan 4, a 36-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 5 June 2011 for AED 1,500,000, or AED 704 per sqft, in line with the AED 704 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 10 January 2024, is AED 173,684 a year: a gross yield of 11.6% on the 2011 price, before the service charge of about AED 41,600 a year.
Sales and rents for 701 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Murjan 4, and where 701 sits
All 64 3-beds →701 last sold in June 2011 at AED 704 per sqft, in line with what three-beds in Murjan 4 were fetching at the time (AED 704). 701's AED 173,684 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jun 20116 June 2011 | 2,653 sqft | 1,500,000 | 565 | ||
| 6 Jun 20116 June 2011 | 2,653 sqft | 1,500,000 | 565 | ||
| 6 Jun 20116 June 2011 | 2,653 sqft | 1,500,000 | 565 | ||
| 6 Jun 20116 June 2011 | 2,128 sqft | 1,500,000 | 704 |
Murjan 4
Building114 apartments, 2-bed to 4-bed over 36 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 256K /yr
- Typical yield
Other units on the 7th floor
All 114 units in Murjan 4701, Murjan 4 in numbers
- Sold once: by Dubai Properties on 5 June 2011 for AED 1,500,000, or AED 704 per sqft.
- Rented since July 2012 on 10 Ejari contracts, from AED 206,000 to AED 173,684 a year.
- At AED 173,684 a year the gross yield on the 2011 price is 11.6%, before a service charge of about AED 41,600 a year (AED 19.53 per sqft).
Source: Dubai Land Department. Updated 10 January 2024.
Questions about 701, Murjan 4
What did unit 701 last sell for?
AED 1,500,000 on 5 June 2011, sold by the developer: AED 704 per sqft for 2,128 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 173,684 a year on the contract renewed on 10 January 2024. The previous contract, from January 2023, was AED 163,158; the unit has been rented since July 2012.
How big is unit 701?
2,128 sqft (197.7 sqm): a three-bedroom apartment on the 7th floor of a 36-storey tower completed in 2007.
What is unit 701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 701, Murjan 4
Starts from the last sale price (AED 1.5M, 5 June 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →